Reasons your credit may be checked and cause you to lose money or miss opportunities.
- When you apply for insurance it will impact the premiums you pay
- An employer may check your credit to determine whether or not you receive a job offer.
- Property managers will check your credit to determine if your apartment rental application is approve
- When you hook up utilities (gas, electric, water) you will be required to put down a sizable deposit or denied altogether.
Your credit can determine if you retire rich or poor. It’s your choice!
Example: If Kelly invested that $827.20 per month in an IRA or 401K…
$827.20 over 30 years (8% return)
Don’t be like Kelly